The price of AT&T, Inc (NYSE:T) shares last traded on Wall Street rose 0.40% to $22.84.
T stock price is now 1.09% away from the 50-day moving average and 16.05% away from the 200-day moving average. The market capitalization of the company currently stands at $165.19B.
With the price target enhanced from $19 to $28, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for AT&T, Inc (NYSE: T). On December 10, 2024, Oppenheimer recently initiated its ‘Outperform’ rating on the stock quoting a target price of $28, while ‘Bernstein’ rates the stock as ‘Outperform’
A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, AT&T, Inc has had a low of $15.94 and a high of $24.03. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 0.60, and a quick ratio of 0.54. According to the stock market information, the enterprise value for the company is $324502814720, which is based on a 18.57 price-to-earnings ratio, a 15.47 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for T is $22.5654 and a two-hundred day moving average price translates $19.6527 for the stock.
The latest earnings results from AT&T, Inc (NYSE: T) was released for 2024-09-30. The net profit margin was 7.25% and return on equity was 8.79% for T. The company reported revenue of $30.21 billion for the quarter, compared to $30.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.45 percent.
